Today's Market open is crazy, is it 1979 again? - 10/24/08 08:48 AM
I'm not sure what you think, but this morning's news of the market is distressing, not to mention confusing.  It seems to me that like Warren Buffet said, it would be an excellent time to buy.  From what I know, there is a selloff going on due to hedge fund liquidation.  It sounds like we are in a period where investors have the opportunity to cash out of their investment in hedge funds.  Unfortunately it only occurrs occassionaly (every three months), and massive selloff can happen all at the same time in a market such as this. 
I'm hoping things will calm … (0 comments)

Glenn Beck off CNN and moving to Fox - 10/22/08 06:02 PM
I guess CNN didn't like him, but Fox does.  Why does the media have to be biased and purposely force an opinion on viewers, rather than giving news.  I have never seen so many broadcast stations move to one side of the arena than this year.
 I just checked out CNN's website and they have completely removed any news or history of Glenn's departure, I am curious about the real story there.
 
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When will this all end? - 10/22/08 04:20 PM
Now that we are approaching the Presidential elections, we are coming upon the time when everyone in our industry was anticipating things to begin to settle down.  Today we are officially at 13 days, and a few hours from knowing who will be our next President of the US.  Some people are now concerned that there will not be any settling, mostly just naysayers who are paid to "stir the pot". 
What I am wondering is, why no one is talking about how mortgage rates have been below 7.5% since 2001.  I remember near the end of that year, rates went … (0 comments)

Having trouble making your mortgage payment? - 10/20/08 06:05 PM
If you are having trouble making your mortgage payment, you may qualify for HUD's Hope for Homeowner's program.  As long as you can afford the new loan and qualify for it, you could lower your monthly payments and have a safe, secure 30 year fixed rate.
If you want to know more about this great program, let me know!!

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Understanding your credit - 10/16/08 02:33 PM
Did you know the four additional things other than paying your bills on time that count when trying to get the highest credit score possible?  These little known topics can help you maximize your credit score, and can allow you to recover from a missed payment sooner.
First, pay your bills on time...don't be 30 days late.  Second, don't max out your credit cards and revolving charge accounts...keep them below 30% of the limit to get the best benefit.  Third, don't apply for new credit often.  Did you know that the average person in the US applies for credit only once … (5 comments)

Help for Homeowners - 10/16/08 02:24 PM
Good news is coming for homeowners who need some assistance with refinancing.  Those looking for the opportunity to lower thier payments or interest rate may have the ability to do so even if they have been affected negatively by the current economic conditions. 
You may be eligible for the HOPE for Homeowners loan program through HUD.  Let me know if you want more information on this subject.
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SD mortgage consumers to get added protection - 10/16/08 01:48 PM
In 2007 the South Dakota Association of Mortgage Professionals passed a new law requiring mortgage brokers and loan officers to pass a FBI criminal background check.  This new law also requires each loan officer to be registered with the state of SD Division of Banking, obtain minimum education and experience to become a broker, obtain continuing education each year, and have a surety bond.
We are excited that SD consumers will be given added protection with a new Federal law that requires additional items, including registering and obtaining FBI criminal background checks for every loan officer, including bank loan officers.  The new federal requirements will be … (3 comments)

 

Craig Markhardt, CRMS

Sioux Falls, SD

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Advana Mortgage

Address: 225 S. Minnesota Ave., Sioux Falls, SD, 57104

Office Phone: (605) 275-2777 x 202

Cell Phone: (605) 376-7468

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